Public Sector Wage Cut Calculator

Premier Gladys Berejiklian wants to freeze the pay of all public sector workers for 12 months. However, this will reduce your pay for years to come. That's because you miss out on the compounding income. Use this tool to see how much income you'll lose over your working life.

with 2.5% increase each year no 2.5% in year one, but 2.5% in each year after forgone income each year
year {{index + 1}} ${{ plusTwoPointFive(n) }} ${{ withoutTwoPointFive(n) }} ${{ difference(n) }}
total wages lost: ${{ total_difference(freeze_amount_array) }}

* This calculator doesn't take into account any change in positions or promotions.